Aumni Glossary

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% of Issued Shares via Conversion
Definition

The number of shares issued via convertible conversion in an Equity Financing.

Calculation

Number of shares in convertible conversions / all newly issued shares in the equity financing

Data Source

Stock Purchase Agreement


% of Preferred Shares Held
Definition

The sum total of Preferred Stock purchased and Preferred Stock converted represented as a percentage of this company's total outstanding Preferred Stock.

Calculation

Number of Preferred Shares for that investor / total number of preferred stock

Data Source

Stock Purchase Agreement


Agg Liq Pref Ahead Of Me
Definition

The total dollar amount that must be paid to holders of shares with a higher liquidation preference seniority to the highest seniority shares held by your Fund. This number will be "--" if your fund holds any shares with the highest liquidation preference seniority. This number does not take into consideration any debt held by the company.

Calculation

Number of shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes

Data Source

Multiple Sources


Agg. Liq Pref
Definition

The total dollar amount that must be paid to preferred stockholders upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.

Calculation

Number of shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes

Data Source

Charter and Stock Purchase Agreement


Aggregate Cost
Definition

The sum total dollar amount invested by an Investor in an investment.

Calculation

Sum of all outlays in transactions involving a given investment

Data Source

Stock Purchase Agreement


Audited Financial Statements
Definition

Financial statements that have been reviewed by an independent auditor.

Data Source

Investors’ Rights Agreement


Balance Sheet
Definition

A financial statement that reports an investment's assets, liabilities, and shareholder equity at a specific point in time.

Data Source

Investors’ Rights Agreement


Capitalization Table
Definition

A visual representation of the ownership of a company.

Data Source

Investors’ Rights Agreement


Closing
Definition

The exchange of cash or other consideration for a security in an investment.

Data Source

Stock Purchase Agreement


Co-Investor
Definition

All Investors who have invested together in an Equity Financing for an investment.

Data Source

Stock Purchase Agreement


Common Stock
Definition

Equity Classes without preferential rights.

Data Source

Charter


Contractual Price Per Share
Definition

A defined term in the Stock Purchase Agreement, states explicitly the price at which Investors have agreed to buy and the company has agreed to sell a class of stock.

Data Source

Stock Purchase Agreement


Conversion Ratio
Definition

The ratio at which a share of Preferred Stock converts into Common Stock.

Data Source

Charter


Converting Into Equity Class
Definition

The Equity Class into which the convertible security converted.

Data Source

Convertible Promissory Note


Corporate Jurisdiction
Definition

The jurisdiction in which the legal entity was formed.

Data Source

Charter


Cost
Definition

What you paid for the security.

Data Source

Multiple Sources


Current Price Per Share
Definition

Liquidation Price Per Share in New Money Equity Classes in the most recent Equity Financing round.

Data Source

Charter or Stock Purchase Agreement


Discount
Definition

The Discount is one mechanism to determine the conversion price per share for this convertible security, represented as a Discount to the lowest New Money Price Per Share.

Data Source

Convertible Promissory Note


Effective Price Per Share
Definition

The actual price paid for a share of stock by any individual Investor.

Calculation

Cost / number of shares

Data Source

Stock Purchase Agreement


Entity Form
Definition

The corporate form of the relevant legal entity.

Data Source

Charter


Equity Class
Definition

The differentiation of different groups of stock. These classes can carry different rights, preferences and privileges, and companies generally authorize new Equity Classes during an Equity Financing round.

Data Source

Charter


Equity Financing
Definition

A set of transactions wherein a company sells equity securities to Investors at a set valuation.

Data Source

Multiple Sources


Equity Financing New Money
Definition

The sum Cost of all New Money invested during Equity Financing rounds for this investment.

Data Source

Stock Purchase Agreement


Founded Year
Definition

Year the legal entity was formed.

Data Source

Charter


Fully Diluted Ownership Percentage (FD%)
Definition

Ownership percentage of a company on a Fully Diluted Share count basis.

Calculation

Number of shares as of the relevant date / fully diluted share count as of that date

Data Source

Multiple Sources


Fully Diluted Shares
Definition

The total share count of a company counting shares that are currently issued and outstanding as well as the shares that could be claimed through the conversion of Preferred Stock and through the exercise of all Outstanding and Reserved Options and outstanding Warrants.

Calculation

All outstanding shares of common and preferred and founder preferred stock + all warrants outstanding + all outstanding options inside and outside of all option pools + options available for future issuance inside all option pools

Data Source

Stock Purchase Agreement


Fund
Definition

The investing entity making an investment.

Data Source

Stock Purchase Agreement


Fund's Recent Closing
Definition

The latest Closing in this Equity Financing in which the specified Fund participated.

Data Source

Stock Purchase Agreement


Funding Round Participating
Definition

Equity Financings in which the specified Fund received an issuance of stock.

Data Source

Stock Purchase Agreement


Highest New Money Price Per Share
Definition

The highest Liquidation Price Per Share for an Equity Class issued in an Equity Financing in exchange for cash.

Data Source

Stock Purchase Agreement


Implied Value
Definition

An approximation of the current aggregate value of an Investor's positions in an investment.

Calculation

Implied Value Detailed Overview

Data Source

Multiple Sources


Industry
Definition

The Industry in which the company operates. An Industry is a broader subject that encompasses multiple market segments.

Data Source

Crunchbase


Industry Sub-Category
Definition

The Industry Sub-Category in which the company operates. An Industry Sub-Category is a more specific market segment.

Data Source

Crunchbase


Information Rights
Definition

The legal right of a stockholder to access certain specific information not generally available to all stockholders.

Data Source

Investors’ Rights Agreement


Initial Closing
Definition

The date upon which the first Closing took place in an Equity Financing round.

Data Source

Stock Purchase Agreement


Invested Funds
Definition

The list of Funds that have transacted with an investment.

Data Source

Multiple Sources


Investor
Definition

The investing entity making an investment.

Data Source

Stock Purchase Agreement


Issue Date
Definition

The date in which a convertible note was issued.

Data Source

Convertible Promissory Note


Last Transaction Date
Definition

The later of the most recent Equity Financing Closing date and your most recent transaction date with this investment.

Data Source

Multiple Sources


Latest Post Money Valuation
Definition

The Post Money Valuation of the most recent Equity Financing.

Data Source

Stock Purchase Agreement


Lead Investor
Definition

Investor with the most New Money in the Equity Financing round.

Calculation

Max of the sum of a fund's new money in a round

Data Source

Stock Purchase Agreement


Liquidation Price Per Share
Definition

The Price Per Share used to determine the liquidation preference amount for an Equity Class in a liquidation event.

Data Source

Multiple Sources


Major Investor
Definition

An Investor who meets the Major Investor Threshold or who is explicitly stated to be a Major Investor. The Major Investor Threshold is the share, dollar amount, or ownership percentage threshold over which shareholders are entitled to receive preferential rights not granted to all shareholders, such as Information Rights and Pro Rata Rights.

Data Source

Investors' Rights Agreement / Stock Purchase Agreement


Major Investor By Threshold
Definition

The Investors meeting any threshold criteria.

Data Source

Investors' Rights Agreement / Stock Purchase Agreement


Major Investor Threshold Amount
Definition

Sum of all investor and investor affiliates' outlays in primary issuance transactions required to become a Major Investor. This can either be at the time of Equity Financing, or today.

Data Source

Investors’ Rights Agreement


Major Investor Threshold Ownership Percent
Definition

Ownership % of an investor and any investor affiliates required to become a Major Investor. This can either be at the time of Equity Financing or today.

Data Source

Investors’ Rights Agreement


Major Investor Threshold Shares
Definition

Sum of Shares Held by an investor and investor affiliates required to become a Major Investor. This can either be at the time of Equity Financing, or today.

Data Source

Investors’ Rights Agreement


Major Investor Threshold: Side Letter / Management Rights Letter
Definition

The investor or an investor's affiliate holds a side letter or management rights letter that grants such an investor Major Investor status.

Data Source

Side Letter / Management Rights Letter


Multiple
Definition

A Fund's Realized Proceeds plus the Implied Value from currently held securities in this investment divided by your Fund's aggregate investment amount.

Calculation

(Implied value + realized proceeds) / my cost

Data Source

Multiple Sources


Multiplier
Definition

The Multiple on a class of stock's Liquidation Price Per Share that holders of such series of stock will receive as liquidation preference.

Data Source

Charter


My Agg Liq Pref
Definition

The total dollar amount that must be paid to my Funds in context upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.

Calculation

Number of my shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes

Data Source

Multiple Sources


My Aggregate Cost (My Cost)
Definition

The sum total dollar amount invested by my Funds in an investment.

Calculation

Sum of all outlays in transactions involving a given investment

Data Source

Stock Purchase Agreement


My Entry Cost
Definition

Sum Cost of all transactions by my Funds on the entry date.

Data Source

Multiple Sources


My Entry Date
Definition

The date of the first transaction between my Funds and this investment.

Data Source

Multiple Sources


My FD%
Definition

My Funds' current ownership percentage of a company on a Fully Diluted Share count basis.

Calculation

My currently held shares as of the relevant date / fully diluted share count as of that date

Data Source

Multiple Sources


My FD% at Entry
Definition

My Funds' ownership percentage of a company on a Fully Diluted Share count basis at the time of such Investor's initial investment in a company.

Calculation

My currently held shares as of entry date / fully diluted share count as of that date

Data Source

Multiple Sources


My Liq Pref
Definition

The total dollar amount that must be paid to my Funds in context upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.

Calculation

Number of my shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes

Data Source

Multiple Sources


My Shares
Definition

My Funds' number of shares owned in that Equity Class.

Data Source

Stock Purchase Agreement


My Total Aggregate Cost
Definition

The sum total dollar amount invested by my Funds' in an investment

Calculation

Sum of all outlays in transactions involving a given investment

Data Source

Stock Purchase Agreement


My Total Liquidation Preference
Definition

The total dollar amount that must be paid to my Funds upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.

Calculation

Number of my shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes

Data Source

Multiple Sources


My Total Shares Held
Definition

My Funds' number of shares owned in the company.

Data Source

Multiple Sources


My Warrant Shares
Definition

The aggregate number of shares my Funds are contractually entitled to purchase across all Warrants currently held by such Investor.

Data Source

Warrant Document


Named Major Investor
Definition

The documents state explicitly that an investor or an investor's affiliate is to be considered a Major Investor.

Data Source

Investors’ Rights Agreement


Options Outside of Pool Outstanding
Definition

The sum of options that have been issued that were not issued out of an equity incentive plan.

Data Source

Stock Purchase Agreement


Original Issue Price
Definition

A defined term in the Charter, generally equal to the Contractual Price Per Share for the class of stock on the date of such classes' original issuance.

Data Source

Charter


Outstanding and Reserved Options
Definition

The sum of issued options that have been reserved in equity incentive plans together with additional shares reserved in equity incentive plans for future issuance.

Data Source

Stock Purchase Agreement


Participating
Definition

Whether a given series of Preferred Stock participates alongside Common Stock after receiving its liquidation preference.

Data Source

Charter


Portfolio Company
Definition

The company that an Investor is investing into.

Data Source

Charter


Post Money at Entry
Definition

If the company has raised an Equity Financing, the Post Money Valuation at the time of the entry date.

Data Source

Stock Purchase Agreement


Post Money Valuation
Definition

The approximate market value given to a company after an Equity Financing round.

Calculation

Total new money / (total new money shares / fully diluted shares)

Data Source

Stock Purchase Agreement


Preference Order
Definition

The order in which the liquidation preferences for various classes of stock are paid upon a liquidation event provided such Preferred Stock does not convert to Common Stock. Stock.

Data Source

Charter


Preferred Stock (All Classes)
Definition

Equity Classes with preferential rights.

Data Source

Charter


Price Per Share (PPS)
Definition

The Highest New Money Price Per Share. Generally the Original Issue Price, but can also be the Contractual Price Per Share, or the Effective Price Per Share, as outlined in the Charter.

Data Source

Multiple Sources


Pro Rata Rights
Definition

Pro Rata Rights allow investors to maintain their ownership percentage by purchasing a defined allocation of securities offered in subsequent Equity Financing rounds.

Data Source

Investors’ Rights Agreement


QSBS Covenant Given
Definition

Whether the company covenants to refrain from taking certain actions that would disqualify certain securities from Qualified Small Business Stock status.

Data Source

Investors’ Rights Agreement


QSBS Rep Made
Definition

Whether the company represents that the securities sold in this equity financing meet certain Qualified Small Business Stock requirements.

Data Source

Stock Purchase Agreement


Realized Proceeds
Definition

The aggregate gross proceeds actually received by an investor from the disposition of investments in an investment.

Calculation

Sum of all inlays in transactions involving a given investment

Data Source

Multiple Sources


Shares
Definition

The total of outstanding shares issued by a company that have not been redeemed, converted, or otherwise cancelled.

Data Source

Stock Purchase Agreement


Shares Converted
Definition

The total number of shares issued in consideration for the conversion of convertible securities in this company's Equity Financing rounds.

Data Source

Stock Purchase Agreement


Shares Held
Definition

The sum total of stock currently held.

Data Source

Multiple Sources


Shares Held as Fully-diluted %
Definition

The sum total of Shares Purchased and Shares Converted represented as a percentage of a company's Fully Diluted Share Count.

Data Source

Stock Purchase Agreement


Shares Purchased
Definition

The total number of Shares Purchased by an investor in the company's Equity Financing rounds.

Data Source

Stock Purchase Agreement


Stage
Definition

An estimation of the most recent New Money Equity Class alphabetical rank.

Data Source

Stock Purchase Agreement


Stage at Entry
Definition

The Stage of the company at the time of a Funds first transaction.

Data Source

Multiple Sources


State of Notice
Definition

The state in which the investment requests to receive notice.

Data Source

Stock Purchase Agreement


Statement of Income / Cash Flows
Definition

A financial statement that reports cash entered and exited in an investment during an accounting period.

Data Source

Investors’ Rights Agreement


Statement of Stockholder's Equity
Definition

A financial statement that reports the revenues, gains, expenses and losses of an investment for a particular accounting period.

Data Source

Investors’ Rights Agreement


Subsequent Closing Window
Definition

The period of time following the Initial Closing in which the company can sell additional shares as a part of an Equity Financing.

Data Source

Stock Purchase Agreement


Total Aggregate Liq Pref
Definition

The total dollar amount that must be paid to preferred stockholders upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.

Calculation

Number of shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes

Data Source

Charter and Stock Purchase Agreement


Total Liquidation Preference
Definition

The total dollar amount that must be paid to preferred stockholders upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.

Calculation

Number of shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes

Data Source

Charter and Stock Purchase Agreement


Total New Money
Definition

Money paid for newly issued Preferred Stock and Common Stock in an Equity Financing.

Calculation

Sum of money paid for preferred and common stock in that round

Data Source

Stock Purchase Agreement


Total New Money Invested
Definition

Money paid for newly issued Preferred Stock and Common Stock in an Equity Financing.

Calculation

Sum of money paid for preferred and common stock in that round by that fund

Data Source

Stock Purchase Agreement


Total New Money Shares
Definition

Preferred shares issued in an Equity Financing.

Calculation

Sum of preferred shares issued in an equity financing

Data Source

Stock Purchase Agreement


Total Shares
Definition

The sum total of Shares Purchased and Shares Converted.

Data Source

Stock Purchase Agreement


Unrealized Gains/Losses
Definition

Unrealized Gain is the increase in the value of an asset, such as a stock position, that has yet to be sold for cash. As such, an Unrealized Gain is one that takes place on paper, as it has yet to be realized. On the flipside, Unrealized Loss is the decrease in the value of an asset that has yet to be sold for cash.

Calculation

Sum of implied value of currently held securities - FIFO cost basis of currently held securities

Data Source

Multiple Sources


URL
Definition

Web address of investment.

Data Source

Aumni


Valuation Cap
Definition

The Valuation Cap is one mechanism to determine the conversion Price Per Share for this convertible security, represented a fixed numerator, the denominator being the Fully Diluted Share count of the company immediately prior to the Equity Financing.

Data Source

Convertible Promissory Note


Warrants
Definition

A contract that provides the holder with right to purchase a certain number of shares of a company, generally at a specified strike price prior to a specified date.

Calculation

Pre-Money warrants outstanding as of the most recent SPA + any warrants issued since that date - any warrants exercised since that date

Data Source

Stock Purchase Agreement


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